2012 Elections

GOP Leaders Take on Far Right Pressure Groups

By Eric Pianin

There have been plenty of theories about why Senate Minority Leader Mitch McConnell (R-KY) strode onstage at a conservative gathering late last week carrying a rifle. Ostensibly, McConnell, the 72-...
Some CEOs Are Still Cashing In at Our Expense

By Josh Boak, The Fiscal Times

Many of the highest paid CEOs might be ripping off stockholders and taxpayers, according to a study released Wednesday by the progressive Institute for Policy Studies.
Tax Reform Could Be Easier Than Congress Thinks

By Yuval Rosenberg

The conservative-leaning Tax Foundation issued a press release Monday touting some “good news for tax reformers”: An analysis by experts at the foundation found that a plan to dramatically simplify...
‘The Daily Show’ Explains Why Our ‘Chicken$#!&’ Congress Hasn’t Reformed the Tax Code

By Yuval Rosenberg

Congress may be out on its month-long August recess, but that doesn’t mean “The Daily Show” stops its skewering. Last night, host John Oliver took on our broken tax code – and used the issue to take...
How 21 Major Corporations Dodged $93B in Taxes

By Eric Pianin and Josh Boak

Twenty-one of the top 100 publicly traded U.S. corporations – including such big names as Goldman Sachs, Apple and Walt Disney – have avoided paying $93 billion a year in federal taxes by parking...

Obama’s Bargain: Lower Rates for Higher Spending

By Eric Pianin

President Obama intends to make one last pitch for a “grand bargain” of new spending and tax policy on Tuesday that will attempt to marry corporate tax reform with funding for jobs to benefit the...
Ominous Signs for the GOP in 2014

By Bruce Bartlett, The Fiscal Times

The conventional wisdom is that Republicans are in good shape going into next year’s congressional elections. Gerrymandering and the enormous benefits of incumbency virtually guarantee them continued...
Trading Tax Write-Offs for Real Growth

By Andrew Fieldhouse, The Fiscal Times

Overhauling the tax code is a wonky fixation of the D.C. policymaking elite, for good reason — it’s an area loaded with policy nuance, lobbying intrigue and major ramifications for long-term fiscal...
IRS Scandal: How the Brouhaha Went Bust

By Peter Weber, TheWeek.com

Rep. Darrell Issa is still banging the scandal drum. Is anyone listening anymore?
Beer, Burgers, and a Two-Man Blitz on Tax Reform

By Josh Boak, The Fiscal Times

Sen. Max Baucus (D-MT) and Rep. Dave Camp (R-MI) are keeping hope alive that the tax code can be rewritten. Both peg the odds of successful reform at more than 50 percent, according to a joint lunch...

Romney's Economy Fix: Impel Public-Private Solutions

By Liz Peek

Why me? Why now? Those are the questions Mitt Romney must answer if he wants to be the next president of the United States. He will have an excellent opportunity to do so during the presidential...
Real Corporate Tax Reform: Still a Long Way Off

By Merrill Goozner, The Fiscal Times

Business leaders hungering for rate-lowering corporate tax reform often point to the United Kingdom as the poster child. In 2010 the newly-elected government of Prime Minister David Cameron lowered...
Lower Deductions for Sweet Charities Leave Sour Taste

By Merrill Goozner, The Fiscal Times

One of the key tax expenditures potentially on the chopping block is the charitable tax deduction. What would it mean for the world of philanthropy and public service if it came under real attack on...
Goldman: A Special Opportunity for Special Dividends

By Suzanne McGee, The Fiscal Times

In the volatile and uncertain market environment we've been mired in for much of the post-crisis period, one of the favorite strategies of veteran investors has boiled down to the simple strategy of...
Don’t Count on a Real Tax Cut If Romney Is Elected

By Josh Boak and Eric Pianin, The Fiscal Times

Don’t automatically hold Mitt Romney to his promise of trimming income tax rates for everyone by 20 percent, one of the few specifics and defining principles in his plan for jumpstarting the sluggish...

Search form